Over the past five years, the Asian beauty landscape has continuously transformed. Between October 2022 and September 2023, Lip Cosmetics took center stage, dominating the new product launches. Notably, long-lasting formulations claimed the top position with 71% of these launches. The market has also witnessed a rising trend in multifunctional makeup items and a surge in sustainable and clean beauty products. Formulas without animal ingredients, emphasizing plant-based alternatives and boasting free-from claims are growing fast. This signals a shift toward eco-conscious and ethical beauty choices in the Asian market.
According Innova Market Insights data, 52% of global consumers say they always consider sustainability when purchasing personal care products. Meanwhile, 47% are willing to pay more for eco-conscious options, signalling that “green values” are increasingly influencing spending habits.
According to Innova Market Insights, Sun Care’s NPD grew by 11% between April 2020 and March 2025. Sun Protection accounted for the largest share of launches at 83%, and this subcategory also had a 14% increase in product launches during the same period.
Innova Market Insights data shows that active ingredient mentions in global Personal Care product launches grew at an average annual rate of 7% between April 2020 and March 2025. Skin Care represented 49% of all NPD, while Hair Care experienced a 13% rise in active ingredient use over the same period.
According to data from Innova Market Insights, skin care claims in body care product launches grew by 21% between 2020 and 2024, highlighting the rising consumer demand for skin-focused benefits. Skin care ingredients are also increasingly making their way into cosmetics, reflecting a broader shift toward multifunctional beauty products.
Innova Market Insights reveals a 23% growth in plant-based claims for personal care products from 2020 to 2024. With 60% of consumers globally seeking natural ingredients, the demand for plant-based skin care is stronger than ever.
Innova Market Insights data indicates a 10% compound annual growth in beauty & personal care launches with jojoba between 2020 and 2024. One out of three launches with jojoba was lip cosmetics. The top three positionings in launches with jojoba were long-lasting, hydration support/increase and no animal ingredients.
